Baker Electric 401(K) Retirement Savings Plan V — Form 5500 plan (Baker Electric & Renewables LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Baker Electric 401(K) Retirement Savings Plan V is a benefit plan reported by Baker Electric & Renewables LLC under EIN 95-1853701 and plan number 005. The latest loaded filing year is 2023. The filing reports 350 participants and $15,718,005 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Baker Electric & Renewables LLC
EIN
95-1853701
Plan number
005
Plan type
2
Location
Escondido, CA
Latest filing year
2023
Participants
350
End-of-year plan assets
$15,718,005

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023350H, C20241008112138NAL0017458897001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$15,718,005
Total liabilities (EOY)
$0
Net assets (EOY)
$15,718,005
Net assets (BOY)
$12,122,354

Income & contributions

Employer contributions
$370,280
Participant contributions
$1,851,457
Total contributions
$2,743,630
Total income / additions
$4,913,093

Expenses & distributions

Benefits paid
$1,142,735
Administrative expenses
$94,202
Total expenses
$1,256,481
Net increase / (decrease)
$3,656,612

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$94,201$02023
Independent Financial Group LLCINVESTMENT ADVISORY$0$63,2952023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages